Looking to diversify beyond HSTC.L? The ETFs below have the lowest correlation with HSTC.L — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from HSTC.L.
Best Diversifiers for HSTC.L
7 ETFs have low correlation with HSTC.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) (Financials Equities) with a 1Y correlation of 0.22, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EURO STOXX Optimised Banks UCITS ETF | 0.22 | 0.27 | 0.28 | 72 | Financials Equities | HSTC.L vs S7XP.L | |
| HSBC FTSE 100 UCITS ETF GBP | 0.23 | 0.29 | 0.31 | 71 | Europe Equities | HSTC.L vs HUKX.L | |
| HSBC Japan Sustainable Equity UCITS ETF USD | 0.23 | 0.20 | 0.24 | 60 | Japan Equities | HSTC.L vs HSJP.L | |
| iShares Edge MSCI Europe Multifactor UCITS | 0.28 | 0.29 | 0.32 | 80 | Europe Equities | HSTC.L vs FSEU.L | |
| HSBC Europe Sustainable Equity UCITS ETF EUR | 0.28 | 0.31 | 0.33 | 69 | Europe Equities | HSTC.L vs HSEP.L |
See all 52 diversifiers for HSTC.L
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